Income Statements for year ended 31 Dec 2020 Merry plc £ Pippin plc £ Sales 2,820,000 386,800 Cost of sales (1,856,000) (168,000) Gross profit 964,000 218,800 Operating expenses (524 000) (128,000) Profit from operations 440,000 90,800 Income from Investments 25,000 Interest (60 840) (6 300) Profit before tax 404,160 84,500 Tax (80,832) (26,500) Profit after […]
Identify three variables in the income statements that the bank may be interested further researching to learn more about its customers.
Prior to beginning work on this assignment, read Chapters 1 and 2 of your textbook. Imagine that you are hired as a data analyst for a bank. The bank would like to learn more about its customers’ spending and banking habits to identify areas of improvement. You have been asked to review the bank’s income […]